Shares of Mestek, Inc. (OTCMKTS:MCCK – Get Free Report) fell 3.2% on Wednesday . The company traded as low as $30.00 and last traded at $30.00. 300 shares traded hands during trading, a decline of 84% from the average session volume of 1,896 shares. The stock had previously closed at $31.00.
Mestek Stock Performance
The firm has a market capitalization of $226.32 million, a price-to-earnings ratio of 4.52 and a beta of 0.50. The business has a fifty day moving average of $29.95 and a two-hundred day moving average of $27.62.
Mestek (OTCMKTS:MCCK – Get Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported $2.40 EPS for the quarter. The company had revenue of $92.53 million during the quarter.
About Mestek
Mestek, Inc, together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally. The company offers equipment for heating, ventilation, and air conditioning primarily under the Lockformer, lowaPrecision, Engel, and Lion brands; roll forming and flexible fabrication equipment; metal stamping products, including uncoilers, straighteners, press feeds, and dies; and coil metal processing products, including cut-to-length, multi-blanking, and coil slitting and precision corrective levelers.
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